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Check back regularly for news, coverage, and announcements about MAVA.


News & Announcements

12/06/2012 – High Street Partners Strengthens Its Advisory Services Practice to Meet Rising Demand

High Street Partners, Inc. (HSP) is pleased to announce that three senior executives have joined the company.

12/06/2012 – WeddingWire Wins Hire Power Award from Inc. Magazine

WeddingWire, the nation’s leading technology company serving the $100 billion wedding and events industry, announced the company has been recognized with Inc. Magazine’s first ever Hire Power Awards.

12/05/2012 – CIT Announces Appointments to Innovation and Entrepreneurship Investment Authority and CIT Board of Directors

The Herndon-based Center for Innovative Technology (CIT) on Wednesday announced two reappointments and one new appointment to its board of directors, as well as to the board of its parent, the Innovation and Entrepreneurship Investment Authority (IEIA).

12/05/2012 – Interrupting Getty Images' Grip: Tech Bisnow Profile of

Fresh off his company’s Distilled Intelligence pitch contest win, founder Anton Gelman (right) is now enjoying some new cash announced this week from CIT. And he hints that more is on its way.

12/05/2012 – Grotech Ventures to Invest $12 Million Through InvestMaryland

Maryland officials on Wednesday announced Vienna-based Grotech Ventures as the first private venture capital firm in the state's $84 million InvestMaryland program.

12/04/2012 – Comerica Bank's Technology and Life Sciences Division promotes Kevin Johnson

Comerica Bank's Technology and Life Sciences Division, a Silicon Valley-based provider of banking services focused on the technology sector, said it has promoted Kevin Johnson to senior vice president and regional managing director of its Mid-Atlantic Technology and Life Sciences Division office in Reston.

12/03/2012 – Pitching For Charity: Kinergy Health Takes Third Place

Third place went to Kinergy Health, an online community that lets doctors and caregivers share patient care info.

12/02/2012 – The Download: Canvas goes international with Sydney office

James Quigley co-founded Canvas in 2008 and already bears a title he didn’t expect so soon: chief executive of an international company.

11/30/2012 – MoFo (Morrison & Foerster) Reaches Millions After Going Viral

Despite being founded in 1883, Morrison & Foerster is fully in the modern age (with a social media-friendly nick-name like MoFo, to boot).

11/30/2012 – We Flip For: Allie Bashuk of Scoutmob

Our style inspiration this week comes straight from the ATL - meet Allie Bashuk of Scoutmob!

11/29/2012 – Washington Business Journal's Power 100 Features MAVA Members

MAVA Members Among the Power 100

11/29/2012 – CIT Invests in Dulles-Based

The Herndon-based Center for Innovative Technology (CIT) said on Thursday it has invested an unspecified amount in Dulles-based, the developer of a real-time marketplace for photo and video journalism.

11/29/2012 – Pivotal Plays Leadership Awards –with founding member MorganFranklin Corporation -- Highlight the Best from Sports, Business and Community

MorganFranklin and Comcast SportsNet Mid-Atlantic honored leaders from the business, non-profit and sports communities Tuesday night at the third installment of the Pivotal Plays Leadership Awards.

11/29/2012 – In DC, Social-Media Surveillance Pays Off with newBrandAnalytics

The idea for the D.C. program sprouted from a visit by city officials last year to the headquarters of newBrandAnalytics Inc., a technology startup in Washington that was founded in 2010 and has focused on restaurant and hotel clients.

11/27/2012 – Canvas Appoints Christina Croll As Chief Marketing Officer

Canvas announced today that Christina Croll is joining the company as Chief Marketing Officer.

11/27/2012 – Arlington-Based Veenome Lands $600,000, Including $100,000 from CIT

Veenome, an Arlington-based developer of targeting tools that allow ad networks and publishers to monitor a product's performance on online video, said it has raised $600,000 in new funding, including a $100,000 investment from the Herndon-based Center for Innovative Technology (CIT).

11/27/2012 – Chevy Chase-Based NEA Leads $20 Million Round for Lattice Engines

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, has led a new $20 million investment in Lattice Engines, a Silicon Valley-based developer of cloud-based software that utilizes big data to deliver real-time intelligence to sales and marketing professionals.

11/27/2012 – Opportunity Knocks: Bambeco

Instead, the glassware comes from Bambeco, an e-commerce company with a difference: It makes and sells high-quality, fashion-forward products at competitive prices. And they’re all environmentally friendly.

11/26/2012 – Are Startups Recession-Proof? Guest Article by CTO of Speek

At Speek, we’ve come up with a product that allows for cheaper and easier conference calls. From encouraging telecommuting to maximizing the hours in a business day, we save our customers time and money.

11/21/2012 – Developer of remote capture and measurement devices inks In-Q-Tel deal

ikeGPS, which makes remote measurement and 3-D modeling gadgets, has inked a technology development agreement with CIA venture capital wing In-Q-Tel, it announced.

11/21/2012 – Corporate networking startup IntroHive targets $2M venture round

IntroHive Inc. might sound like it wants to be a LinkedIn killer. But the corporate networking startup’s real target is the cold call.

11/19/2012 – CIT Invests $100,000 in Lewis and Clark Pharmaceuticals

The Herndon-based Center for Innovative Technology (CIT) said on Monday it has invested $100,000 in Charlottesville-based Lewis and Clark Pharmaceuticals, which focuses on adenosine-based compounds.

11/19/2012 – IntroHive replaces cold calls with warm introductions

His startup, IntroHive Inc., is powered by a number of former RIM employees, and is comfortably backed, in part, by former RIM executives.

11/16/2012 – What Is: Legal Trivia? Winner: Wilson Sonsini

Last night, 11 teams of attorneys gathered at Kirkland & Ellis in the sixth annual Lawyers for Literacy trivia challenge, benefiting educational nonprofit Everybody Wins! DC.

11/15/2012 – Intarcia Therapeutics Raises $210 Million, NEA Participated

Planning to relocate from California to the Boston area, Intarcia Therapeutics, a privately held biotechnology company, announced it has raised a total of $210 million in two separate financing deals, including $160 million in proceeds from a preferred stock private placement and $50 million in private debt. Investors in these financings included existing investors New Enterprise Associates...

11/15/2012 – Developer of sensitive devices to detect diseases, proteins gets In-Q-Tel funding

Biotech firm Quanterix raised $18.5 million in a funding round joined by CIA venture capital wing In-Q-Tel, the company announced.

11/15/2012 – Chevy Chase-Based NEA Increases Investment in Vuclip

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has increased its investment in Vuclip, a Silicon Valley-based developer of mobile video services.

11/14/2012 – San Francisco-Based Spruce Media Lands $15M in Debt Financing from Square 1 Bank

Spruce Media, a San Francisco-based developer of marketing technology used by advertisers, agencies and trading desks on Facebook, said on Wednesday it has secured $15 million in debt financing from Square 1 Bank.

11/14/2012 – Goodbye Pie Charts: Tech Bisnow Feature on Zoomdata

We thank the TV show 24 for our obsession for seeing things happen in real time. Whatever his motivation, Justin Langseth is doing the same with big data, via his recent spin-off of Zoomdata.

11/14/2012 – University of Maryland's Dingman Center Takes Cupid's Cup National

The University of Maryland's Dingman Center for Entrepreneurship said it will for the first time expand its annual Cupid's Cup Business Competition to the national stage.

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